Visakhapatnam receives Rs 8 bn for rail infrastructure upgrades

07 Aug 2023 CW Team

Ashwini Vaishnaw, the Union Minister for Railways, has revealed that an allocation of approximately Rs 8 billion has been assigned to Visakhapatnam for diverse railway infrastructure undertakings this year. This disclosure came as a response to an inquiry posed by GVL Narasimha Rao, a member of the Rajya Sabha from the Bharatiya Janata Party (BJP).

The newly approved projects encompass:
1. The development of the 3rd and 4th railway lines spanning a distance of 15.3 km between Visakhapatnam and Gopalapatnam, with a financial outlay of Rs 1.59 billion.
2. The initiation of a new railway line project involving the 3rd and 4th lines stretching across 20.543 km between Duvvada and Simhachalam North, with a sanctioned budget of Rs 3.02 billion.
3. The establishment of a fresh railway line project comprising the 3rd and 4th lines covering a length of 12.04 km between Vadlapudi and Gate Junction cabin, including a tie line connecting Gangavaram Port and Visakhapatnam Steel Plant. The funding allotted for this project amounts to Rs 1.54 billion.
4. The authorisation of a flyover construction connecting Pendurthi and Simhachalam North at Simhachalam, spanning a distance of 7.135 km. This endeavor has been allocated Rs 1.83 billion.

The Minister underscored that these initiatives have been sanctioned to mitigate capacity constraints, alleviate train delays, and accommodate the anticipated growth in traffic in the Visakhapatnam region. The process of procuring land for these ventures has already been set in motion.

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..